Two-Unit Residential Income
3401 West Rogers Avenue Baltimore, MD 21215
3401 West Rogers Avenue, Baltimore, MD, 21215
$295,000
Pending
For Sale
$295,000
Pending
Two separate residential units provide flexible occupancy and rental arrangements in Baltimore City.
Property Size1,884 SF
Days on Market50
Property Features for 3401 West Rogers Avenue
General Information
- Standard status
- Pending
- Size
- 1,884 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1926
Listing agency
Berkshire Hathaway HomeServices PenFed Realty
(301) 363-2840
Listed by
Michael L Bailey · License #652591
(301) 363-2840
Source
Compass
Added: Jun 3 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 6:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices PenFed Realty
Investment Insights
Based on property information with market context.
This two-unit residential income property features two separate living arrangements under one ownership. The first unit is a single-level apartment-style home with three bedrooms and one full bathroom. The second unit is a bi-level residence offering four bedrooms and one full bathroom, with living space spread across two levels. Across both units, the property provides a total of seven bedrooms for tenants and occupants seeking multiple configurations.
Located in Baltimore City, the property is in-city limits and set at 3401 West Rogers Avenue in the northwest portion of the city. Public transportation is within a short distance, with a bus stop less than one mile away. The listing also notes proximity to local amenities, including shopping, dining, parks, and commuter routes.
The property’s two distinct units make it well-suited for investors looking for separate rental spaces, as well as for owner-occupants who may prefer living in one unit while renting the other. With the unit mix offering both single-level and bi-level layouts, it can also appeal to households that want additional space for flexible living arrangements.
Located in Baltimore City, the property is in-city limits and set at 3401 West Rogers Avenue in the northwest portion of the city. Public transportation is within a short distance, with a bus stop less than one mile away. The listing also notes proximity to local amenities, including shopping, dining, parks, and commuter routes.
The property’s two distinct units make it well-suited for investors looking for separate rental spaces, as well as for owner-occupants who may prefer living in one unit while renting the other. With the unit mix offering both single-level and bi-level layouts, it can also appeal to households that want additional space for flexible living arrangements.
Key Highlights
- Two‑unit residential property in Baltimore City (in city limits) with flexible occupancy and rental arrangements
- Unit 1: single‑level apartment‑style home with 3 bedrooms and 1 full bathroom
- Unit 2: bi‑level residence with 4 bedrooms and 1 full bathroom across two levels
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.3k | $19.80 |
| − Vacancy | −$2.6k | −$1.35 |
| EGI | $34.8k | $18.45 |
| − OpEx | −$10.4k | −$5.53 |
| NOI | $24.3k | $12.91 |
1,884 SF · lease $19.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.5K
$304.1K – $405.4K
NOI $24,326 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$319.8K
$279.8K – $373.1K
NOI $22,386 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$449.2K
$393.0K – $524.0K
NOI $31,441 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate residential units provide flexible occupancy and rental arrangements in Baltimore City.
Where is this duplex located?
The property is located at 3401 West Rogers Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑unit residential property in Baltimore City (in city limits) with flexible occupancy and rental arrangements; Unit 1: single‑level apartment‑style home with 3 bedrooms and 1 full bathroom; Unit 2: bi‑level residence with 4 bedrooms and 1 full bathroom across two levels
